Area Intelligence

PANGSAPURI MESRA JAYA

7 properties
2022
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Median Price
RM 470,000
PSF: RM 253

Residential Market

Median Price

RM 470,000

IQR: RM 27
MAD: RM 10
RM 253 PSF 0.1%

PSF Trends (2021-2025)

PANGSAPURI MESRA JAYA in Seberang Perai Utara, Penang recorded 7 subsale transactions in 2022, with a median price of RM 470K and a median price per square foot (PSF) of RM 253.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 470K, with most transactions falling within a stable range of RM 439K to RM 480K, and a typical market range of RM 444K to RM 480K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 253, with most transactions between RM 236 and RM 270. The usual range is RM 239.75 to RM 266.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 26.50 and an average deviation (MAD) of RM 17 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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PANGSAPURI MESRA JAYA, Seberang Perai Utara, Penang

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Transactions

7 properties grouped by size

1,700 sqft
5 units Condo/Apartment
RM 428,000
1,690 sqft · RM 253.00 PSF
Dec 2022
RM 390,000
1,690 sqft · RM 231.00 PSF
Nov 2022
RM 472,000
1,690 sqft · RM 279.00 PSF
Nov 2022
RM 460,000
1,690 sqft · RM 272.00 PSF
Sep 2022
RM 470,000
1,690 sqft · RM 278.00 PSF
Aug 2022
1,950 sqft
2 units Condo/Apartment
RM 480,000
1,941 sqft · RM 247.00 PSF
May 2022
RM 480,000
1,941 sqft · RM 247.00 PSF
Apr 2022